Ben Armstrong, also referred to as BitBoy, has not too long ago created a buzz within the crypto neighborhood by proclaiming himself the “Sultan of Solana.” This daring transfer has elicited a combined response from numerous factions inside the neighborhood, particularly the XRP Military.
Whereas some members categorical aid that Armstrong’s focus has shifted away from XRP, others categorical skepticism and uncertainty about his motives and the legitimacy of his new title.
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Armstrong’s Checkered Previous
Armstrong has a historical past of making daring predictions that haven’t all the time come to fruition. This has contributed to his controversial fame. Notably, in Might 2023, Armstrong publicly doubted the chance of Ripple profitable its ongoing lawsuit with the SEC.
Nevertheless, six weeks later, Ripple and the XRP neighborhood scored their first vital victory within the case, resulting in questions on Armstrong’s judgment and insights.
XRP Community Celebrates Armstrong’s Shift
Members of the XRP neighborhood are united of their aid that Armstrong has redirected his focus away from XRP. For a lot of, his proclamation because the Sultan of Solana is a acquire for XRP and a possible loss for the Solana ecosystem.
Our acquire their loss
— TipsyTiger (Nonetheless Tiger Mike) (@TigerMike15) October 26, 2023
A Slight Demotion?
Offering skilled perception, pro-XRP lawyer Invoice Morgan factors up an fascinating perspective on Armstrong’s self-proclaimed title. Morgan notes that the “Solana squad” is significantly smaller than the influential XRP Military, implying that Armstrong’s new Sultan title could also be seen as a slight demotion.
This trace of a diminishing presence raises questions on Bitboy’s place inside the crypto neighborhood and whether or not he’s looking for to revive his model and relevance by aligning himself with Solana.
Learn Additionally: Bitboy Causes Uproar After Posting XRP Address Holding $82 Million To Request Donations
Trying Forward
Whereas the influence of Armstrong’s new position as Sultan of Solana stays unsure, one factor is obvious: his proclamation serves as a transparent indication that he’s not prominently supporting XRP.
Because the crypto neighborhood examines the implications of Armstrong’s shift, some understand it as an try to keep up relevance in an trade the place his affect has waned. Others interpret it as a publicity stunt, attribute of his flamboyant character, aimed toward garnering consideration for himself and Solana.
Because the market and neighborhood evolve, the repercussions of Armstrong’s self-proclaimed sultanate will unfold. Whether or not this transfer signifies a significant transformation in his affect and the stability of energy inside the crypto neighborhood stays to be seen.
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